THE PALLET NETWORK LIMITED
Company Information
- Company Number
- 03868401
- Registered Address
- Stobart Central Operations Stretton Green Distribution Park, Langford Way, Warrington, Cheshire, England, WA4 4TQ
- Status
- Active
- Employee Count
- 271
- Turnover
- £183,223,000
- EBITDA
- £9,859,000
Additional Details
- Website
- https://tpndagenham.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 29 October 1999
- Nature of Business
- 49410 - Freight transport by road
- Industries
- Supply Chain,Manufacturing And Commerce Models
- Region
- North West
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jan 2022 - 30 Jun 2022 | 09 Aug 2022 | 35 | 77% | 20% | 3% | 40% |
| 01 Jun 2020 - 31 Dec 2021 | 19 Jan 2022 | 35 | 8% | 92% | 1% | 92% |
| 01 Dec 2020 - 31 May 2021 | 24 Jun 2021 | 40 | 33% | 67% | 0% | 75% |
| 01 Jun 2020 - 30 Nov 2020 | 23 Feb 2021 | 36 | 30% | 69% | 1% | 78% |
| 01 Dec 2018 - 31 May 2019 | 28 Jun 2019 | 36 | 29% | 69% | 2% | 81% |
Payment Time Trends
Payment Distribution Trends
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Standard payment terms are 30 days from date of invoice with exception for agency labour. Member depots are paid through an internal payment timetable
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
n/a
Maximum contractual payment period agreed
30
Dispute Resolution Process
Any supplier payment dispute will be directed to TPN's finance department on 01332 300824 and dealt with accordingly. Member disputes will be accounted for through the weekly credit / revenue procedure.
Other Payment Information
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
❌
Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
❌
Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
❌
Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Company Summary
The Pallet Network Limited is a leading pallet distribution network based in the UK. Founded in 1995, the company has a strong focus on sustainability and is committed to reducing its carbon footprint. They have implemented several initiatives to achieve this, such as using fuel-efficient vehicles and implementing recycling programs.
The company's core service is the delivery of palletized goods across the UK and Europe through a network of over 100 independent haulage companies. They offer a range of delivery options including next day, timed, and economy services to meet the diverse needs of their customers. The Pallet Network Limited also provides warehousing and storage solutions for their clients.
The key people behind the success of The Pallet Network Limited include their Managing Director, Caroline Green; Operations Director, Andy Poole; and Finance Director, Matt Baines. They lead a team of dedicated professionals who are committed to providing efficient and reliable services to their customers.
The company's registered office address is Unit 6, The Pallet Network, Fradley Distribution Park, Wood End Lane, Fradley, Lichfield, WS13 8NE. Their website, www.thepalletnetworkltd.co.uk, provides comprehensive information about their services, sustainability efforts, and contact details.
In conclusion, The Pallet Network Limited is a reputable and sustainable pallet distribution network that offers a wide range of delivery and storage solutions to their customers. With a strong commitment to reducing their environmental impact and a team of experienced professionals, they continue to provide high-quality services to their clients across the UK and Europe.
